Chief Portfolio Officer?

Interesting article in Forbes by the CEO of the PMI calling for the US to have a Chief Portfolio Officer. In practise though, I think we have a Chief Portfolio Officer and his name is Barack Obama, in practise the expansion of CXO positions is diminishing the credibility of the title Chief Executive Officer, Chief Financial Officer, Chief Information Officer, Chief Technology Officer, Chief Marketing Officer, Chief Sales Officer, Chief Strategy Officer, Chief Operating Officer. Too many Chiefs and not enough Indians?

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